Treating your company’s 401(k) like a set it and forget it slow cooker is a thing of the past. Unlike other employee benefits, when managing your company’s retirement plan you are overseeing money that belongs to the employees. According to ERISA (Employee Retirement Income Security Act of 1974), as the plan sponsor, you have a responsibility and obligation to handle these funds with care. With ever-changing retirement plan regulations, it can be difficult and stressful to meet your required responsibilities.